Subscription to Shares Clause Samples

The 'Subscription to Shares' clause defines the terms and conditions under which an individual or entity agrees to purchase shares in a company. Typically, this clause outlines the number of shares to be subscribed for, the subscription price, payment terms, and any conditions precedent to the issuance of shares. For example, it may specify that payment must be made in full before shares are allotted or that certain regulatory approvals must be obtained. The core function of this clause is to formalize the process of acquiring shares, ensuring both parties are clear on their obligations and protecting the company from unauthorized or incomplete share subscriptions.
Subscription to Shares. 2.1 The Investor hereby undertake to subscribe for [ ] new ordinary shares in the Company (the "Subscription Shares") at a subscription price of NOK [share price] per Subscription Share, totaling NOK [ ] (the "Subscription Price”) for all the Subscription Shares. 2.2 The final allocation of shares will be resolved by the board of directors and general meeting of the Company. The Company expressly reserves the right to reduce the number of Subscription Shares to be issued to the Investor without further liability. The Company will inform the Investor of the final allocation on or about [=date: one week prior to general meeting] and in any event immediately following the general meeting to be held pursuant to Section 2.3. 2.3 The Company shall procure that a general meeting is held to resolve the share capital increase and the issuance of the Subscription Shares to the Investor. The general meeting is currently scheduled to be held on or about[=date of general meeting]. In the event that the general meeting has not been held within [=date of general meeting + 1 month], this Agreement will lapse without any further obligations for the parties. 2.4 The subscription of the Subscription Shares shall be made on the date of and in the minutes of the general meeting and the Subscription Price shall be paid in NOK to such bank account number as specified by the Company.
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Subscription to Shares. 3.1. Subject to the terms of this Agreement and the fulfilment of the Conditions Precedent, the Consultant hereby agrees to subscribe to, and the Company hereby agrees to allot and issue to the Consultant, on the Completion Date, the Subscription Shares at the Subscription Consideration.
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Subscription to Shares. Subject to the repayment of the Loan in accordance with Section 4(i) (rather than in accordance with Sections 4(ii) or 8 in which case UBI shall have no obligation to subscribe) and the terms and conditions set forth herein, UBI agrees to subscribe to as many shares (the "Shares") of common stock of the Company to be newly issued under the Contemplated Capital Increase as the loan plus the accrued interest would buy at the US dollar-New Taiwan dollar exchange rate at the day of the subscription. The Company shall take any and all corporate actions to issue the Shares for subscription by UBI, including, if necessary, obtaining waivers of any preemptive rights with respect to the Shares.
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Subscription to Shares. The Subscriber hereby subscribes to the Shares and agrees to pay therefor the sum of $1,000.00 per share.
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Subscription to Shares. The Subscriber hereby undertakes and agrees to accept the number of shares applied for or any lesser number of shares that may be allocated to it in respect of which this application may be accepted. In the event that the directors of the Fund decide to allocate any lesser number of Share or not to allocate any Shares to the Subscriber, the Subscriber accepts that decision as final. If the Subscriber’s application is successful, the Subscriber’s signature(s) hereto shall signify its acceptance of the number of Shares that may be allocated to it. In case the application of the Subscriber is rejected or accepted in part only, then the Fund shall refund the payments of the aggregate subscription price of the Shares subscribed for, or part thereof (in case of partial acceptance) within a period of 60 days from the date of rejection or part-acceptance of the application.
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Subscription to Shares 
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Related to Subscription to Shares

  • Subscription for Units I hereby irrevocably subscribe for the amount of Units (and partial Units rounded to four decimal places) of Limited Partnership Interest (“Units”) of Abingdon Futures Fund L.P. (the “Partnership”) as indicated on page B-7 hereof and as described in the Private Placement Offering Memorandum and Disclosure Document dated August 1, 2009, as amended or supplemented from time to time (the “Memorandum”). I understand that each Unit will be offered at Net Asset Value per Unit on the date of sale. Simultaneous with my delivery of this subscription agreement to Credit Suisse Securities (USA) LLC (the “Placement Agent”), I will either (a) complete and deliver to the Placement Agent the letter in the form attached hereto as Exhibit II, to authorize the Placement Agent to transfer by wire from my brokerage account with the Placement Agent, to the Partnership, monies sufficient to purchase the Units for which I am subscribing, or (b) deliver a check to the Placement Agent payable to the Partnership in an amount sufficient to purchase the Units for which I am subscribing for delivery by the Placement Agent to the General Partner. I understand that all capitalized terms used in this subscription agreement (“Subscription Agreement”) that are not separately defined herein shall have the respective meanings set forth in the Memorandum. I am aware that this subscription is not binding on the Partnership unless and until it is accepted by Ceres Managed Futures LLC, a limited liability company organized under the laws of the State of Delaware and the Partnership’s general partner (the “General Partner”), which may reject this subscription in whole or in part for any reason whatsoever. I understand that the General Partner will advise me within five business days of receipt of my funds and this Subscription Agreement if my subscription has been rejected. I further understand that if this subscription is not accepted, the full amount of my subscription will be promptly returned to me without deduction.

  • Subscription Rights If the Company, at any time while this Warrant is outstanding, shall fix a record date for the distribution to holders of its Common Stock, evidence of its indebtedness or assets or rights, options, warrants or other security entitling them to subscribe for or purchase, convert to, exchange for or otherwise acquire any security (excluding those referred to in Sections 5(a) and 5(b) above), then in each such case the Exercise Price at which this Warrant shall thereafter be exercisable shall be determined by multiplying the Exercise Price in effect immediately prior to such record date by a fraction, the numerator of which shall be the per-share Market Price on such record date less the then fair market value at such record date of the portion of such assets or evidence of indebtedness so distributed applicable to one outstanding share of Common Stock as determined by the Board of Directors in good faith, and the denominator of which shall be the Exercise Price as of such record date; provided, however, that in the event of a distribution exceeding 10% of the net assets of the Company, such fair market value shall be determined by an appraiser selected in good faith by the registered owners of a majority of the Warrant Stock then outstanding; and provided, further, that the Company, after receipt of the determination by such appraiser shall have the right to select in good faith an additional appraiser meeting the same qualifications, in which case the fair market value shall be equal to the average of the determinations by each such appraiser. Such adjustment shall be made whenever any such distribution is made and shall become effective immediately after the record date mentioned above.

  • Subscription of Shares For the sum of U.S.$25,000, which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall register the Shares in the name of the Subscriber on the register of members of the Company. All references in this Agreement to Shares being forfeited shall take effect as surrenders for no consideration of such shares as a matter of Cayman Islands law.

  • Subscription Price Each Warrant is exercisable at a price per share (the “Exercise Price”) of US$1.00. One (1) Warrant and the Exercise Price are required to subscribe for each share during the term of the Warrants.

  • Subscription Fee Customer shall pay to Service Provider in consideration for Service Provider providing the Services, the subscription fee as agreed upon in the Order Form.